Entry regulation and business start-ups: Evidence from Mexico

• 成果类型: Article
• 署名作者: Kaplan, David S.; Piedra, Eduardo; Seira, Enrique
• 署名单位: Instituto Tecnologico Autonomo de Mexico; Instituto Tecnologico Autonomo de Mexico
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2011.03.007
• 发表日期: 2011
• 页码: 1501-1515
• 关键词: Firm start-ups; regulation; Informal sector; Program evaluation

摘要

We estimate the effect on business start-ups of a program that significantly speeds up firm registration procedures. The program was implemented in Mexico in different municipalities at different dates. Our estimates suggest that new start-ups increased by about 5% per month in eligible industries, and we present evidence supporting robustness and a causal effect interpretation. Most of the effect is temporary, concentrated in the first 15 months after implementation. The estimated effect is much smaller than World Bank and Mexican authorities claim it is, which suggests attention in business deregulation may be over emphasized. (C) 2011 Elsevier B.V. All rights reserved.